Price, Variable Cost per Unit, Contribution Margin, Contribution Margin Ratio, Fixed Expense

For each of the following independent situations, calculate the amount$($s$)$ required.

Required:

At the break$-$even point, Jefferson Company sells $85,000$ units and has fixed cost of $$354,500.$ The variable cost per unit is $$0\mathrm{.}40.$ What price does Jefferson charge

per unit? Note: Round to the nearest cent.

$

Sooner Industries charges a price of $$123$ and has fixed cost of $$423,000.$ Next year, Sooner expects to sell $18,000$ units and make operating income of $$167,000.$

What is the variable cost per unit? What is the contribution margin ratio? Note: Round your variable cost per unit answer to the nearest cent. Enter the

contribution margin ratio as a percentage, rounded to two decimal places.

Variable cost per unit

$

X per unit

Contribution margin ratio

Last year, Jasper Company earned operating income of $$24,300$ with a contribution margin ratio of $0\mathrm{.}25.$ Actual revenue was $$243,000.$ Calculate the total fixed cost.

Note: Round your answer to the nearest dollar, if required.

$q$

Laramie Company has variable cost ratio of $0\mathrm{.}40.$ The fixed cost is $$96,000$ and $20,000$ units are sold at break$-$even. What is the price? What is the variable cost per

unit? The contribution margin per unit? Note : Do NOT round interim computations. Round answers to the nearest cent.

Price

Variable cost per unit

Contribution margin per unit

$

$

$